Rs 192000 handed over to Binita’s husband
Dang Ghorahi, June 1, 2021: Binita Chaudhary was a member of Aatmanirbhar LBS saving group center no 61 who had died recently.
Following death of Binita Chaudahry, Aatmanirbhar LBS immediately made arrangements to hand over an amount of Rs 192000 to Binita’s husband Krishna Chaudhary in lieu of funeral rituals expenses and loan insurance.
Binita’s husband Krishna Chaudhary had been given this amount in the premises of Aatmanibhar LBS central office located in Dang Ghorahi Sub Metropolis in the presence of staff and Chief Executive Officer Shogat Bir Chaudhary among others.
Aatmanirbhar LBS has made provision for insurance of loans taken by its members. That is to say, in case of loan taking member’s natural death or any accidental demise, the loan is fully insured.
The loan members do not have to repay the remaining amount of loan after their death as per the provision. In addition to it the funeral ritual expenses are also given to the beneficiary of the deceased member.